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COINTURK FINANCE > Startup > InfectoPharm Invests in AudioCure to Develop Drug for Sudden Hearing Loss
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InfectoPharm Invests in AudioCure to Develop Drug for Sudden Hearing Loss

Overview

  • InfectoPharm has invested in AudioCure to support the development of AC102.

  • The drug aims to treat sudden hearing loss by protecting inner ear cells.

  • Phase 2 clinical trials are ongoing, with more than half of participants enrolled.

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Hearing loss significantly impacts quality of life, with sudden cases posing urgent challenges for patients and healthcare providers. Efforts to develop effective treatments have been ongoing, with various pharmaceutical companies working on potential solutions. InfectoPharm, a German pharmaceutical company, has now invested in Berlin-based AudioCure Pharma to accelerate the clinical development of AC102, a drug candidate aimed at treating sudden hearing loss. This partnership brings together InfectoPharm’s experience in pharmaceutical development and AudioCure’s expertise in hearing disorder treatments.

Contents
How Will AC102 Impact Hearing Loss Treatment?What Role Does InfectoPharm Play in This Initiative?

Previously, AudioCure had focused primarily on securing funding from multiple investors to advance AC102 through clinical trials. The company had initiated its Phase 2 clinical trial, enrolling patients across multiple countries to evaluate the drug’s efficacy. The involvement of InfectoPharm adds a new dimension by not only injecting financial resources but also contributing scientific and commercial knowledge to support the drug’s development. Compared to earlier collaborations, this partnership stands out due to InfectoPharm’s strong background in pediatric and ENT-related pharmaceuticals.

How Will AC102 Impact Hearing Loss Treatment?

AC102 is designed to protect and restore inner ear cells, addressing the root causes of sudden hearing loss. Currently undergoing a multinational Phase 2 clinical trial, the drug aims to evaluate its potential benefits for patients suffering from sudden sensorineural hearing loss. AudioCure has already enrolled over half of the planned participants in this trial, demonstrating progress in its clinical program.

What Role Does InfectoPharm Play in This Initiative?

InfectoPharm brings extensive experience in pharmaceutical development, particularly in treatments for ear, nose, and throat conditions. Aside from financial investment, the company is also providing expertise that can aid in the clinical advancement of AC102. Philipp Zöller from InfectoPharm emphasized the importance of this initiative, stating:

“As a specialist in pharmaceutical products for ear, nose, and throat conditions, we are very familiar with the difficult situation of sudden hearing loss patients. We are therefore delighted to be able to support the development of a potentially groundbreaking drug like AC102, both financially and with our expertise, as part of the AudioCure investor team.”

AudioCure’s CEO, Dr. Reimar Schlingensiepen, also highlighted the collaborative benefits of the partnership, stating:

“AudioCure and its partners complement each other perfectly. Together, we can advance our research and development activities even further and develop innovative active ingredients. We are also pleased to now have InfectoPharm’s many years of experience in the pharmaceutical industry on board.”

The development of AC102 represents a significant effort in addressing the challenges of sudden hearing loss, a condition that currently lacks widely effective pharmaceutical treatments. The collaboration between AudioCure and InfectoPharm indicates a growing interest in developing targeted therapies for hearing impairments, leveraging both companies’ resources and expertise to bring the drug closer to market. While the effectiveness of AC102 is still under evaluation, the ongoing clinical trials will provide crucial insights into its therapeutic potential.

If AC102 proves successful in clinical trials, it could become a valuable addition to existing treatment options for sudden hearing loss. The pharmaceutical industry’s increasing investment in hearing-related conditions suggests a broader shift toward addressing unmet medical needs in this field. Patients and healthcare professionals will closely monitor further developments as AudioCure and InfectoPharm continue their collaborative efforts to bring AC102 through regulatory approval and potential commercial availability.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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